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Northspyre Helps CRE Developers Navigate the Margin Crisis at Blueprint 2024
Northspyre recently had the chance to attend the 2024 Blueprint Conference in Las Vegas, Nevada, alongside real estate investors, innovators, and industry leaders. In addition to offering insights for CRE professionals into how the Northspyre platform can lower costs and boost returns, we also hosted a panel to provide attendants with high-level insights on navigating…
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Drive Predictability in Today’s CRE Landscape With New Solutions From Northspyre
In today’s high-stakes commercial real estate environment, it’s more important than ever for developers to have consistency and predictability in their operations. While some may say being predictable is boring, we disagree. With so many moving parts and millions of dollars at stake, the smallest oversight can be catastrophic to your bottom line. But, by…
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Revolutionizing Real Estate Development: Introducing Northspyre AI & More
Sophisticated developers understand that half the battle in ensuring a project’s success happens before construction begins. In the pre-development stage, crucial decisions are made: Are you working with the right vendors? Are your vendor bids and contracts airtight to minimize future change orders? Simply put, are you setting yourself up for success? Or are you…
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The Next Leap with Northspyre 2.0: Elevating Real Estate Development
Real estate development is a complex industry, requiring you to navigate a variety of factors, from shifting market conditions to zoning and regulatory standards to stakeholder involvement. Delivering projects on time and under budget is more difficult than ever amid modern development challenges like ongoing economic uncertainty, labor shortages, and supply chain disruptions. Northspyre’s…
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A Real Estate Developer’s Guide to Software
Over the last few years, the COVID-19 pandemic, macroeconomic conditions, and changing expectations around work and lifestyle have increased the need for technology across industries. In a McKinsey survey of 800 executives, 85% of respondents said their businesses had accelerated digitization. Though the real estate industry has been slower to adopt new technology in comparison…
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How Project Managers Can Address New Supply Chain Disruptions
After almost a year of relative stability, the global supply chain faces new disruptions again. Recently, a severe drought affecting Central America and labor disputes affecting multiple West Coast ports have caused increases in import costs, shipping delays, and freight processing times. These new challenges represent the most significant supply chain challenges for commercial real…
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Summer of Sales: Why Retail Real Estate is Standing Strong
Despite six months of intense economic volatility, American consumers surprised economists by increasing their spending this spring. The Commerce Department reported that the value of consumer spending rose in April and May year-over-year instead of falling as predicted. Bloomberg attributed the upward trend to bigger-than-expected purchases in nine out of ten retail categories. Christopher Rupkey,…
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Know Your CRE ABCs – A Guide to Real Estate Property Classes
One of commercial real estate’s most complicated and contentious issues is the differences between property classes. Building classification can be confusing despite being a crucial aspect of urban development.
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Empty Hallways: Why the Office Market Is Still Struggling
Since the coronavirus pandemic began, the American office market has faced unprecedented challenges. Government lockdown mandates prompted millions of businesses and institutions to operate remotely or with limited onsite staff.